Wholesale Fix And Flip FSBO

GREAT INVESTMENT OPPORTUNITY - FIX/FLIP OR BUY/HOLD!!!

1019 Laurel St, Texarkana, AR 71854

$86,833 After Repair Value -
$20,000 Asking Price -
$55,000 Cost of Repairs =
$11,833 Potential Profit

Property Details

Asking Price $20,000

After Repair Value $86,833

Costs of Repairs $55,000

Potential Profit $11,833

Living Area 1104 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 1

Half Bathrooms N/A

Parking 0

Listed with Agent 0

Property Description

ADDRESS:1019 Laurel St. Texarkana, ARINFO: 3B 1 BTH 1104 SQ FTARV: $86,833 REPAIRS: $55,000Timeline in selling:2 daysReason for selling- inherited propertyAsking price ($20,000)Mortgage Amount: Roughly $1,000 owed in taxesListed on the MLS: NoMandatory HOA Fees: NoOccupancy Status: VacantPre-foreclosure / Foreclosure: N/ACondition of property: fairImmediate repairs: not that I am aware of Major property damage: Windows will need to be installed to avoid any more weatherizationUtilities available: PublicGreat investment property. This would be a good fix/flip portfolio piece, buy/hold/ situation/ Owner Finance exit strategy could be applied here, multi options at a cheap price. There is approx. $1,000 owed in back taxes. The son doesn\'t want to task of the upkeep and getting the property back in good condition. The electrical, plumbing, and structural component function but will need upgraded. The roof will new replacing and all flooring will need new installation. It needs some good TLC, but you can definitely make your money back. ** Agents & Buyer Referrals, please add your commissions to price paid for by the buyer **

Repairs Needed

The entire home will need to be updated in order to modernize this property. I.e. Flooring, updated kitchen/batch, roof, and windows.

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